Citi upgraded Banco BBVA Argentina (BBAR) to Buy from Neutral with a price target of ARS 11,800, up from ARS 5,250. The firm upgraded the Argentine banks, saying the election outcome reduced risk and could drive a “virtuous credit cycle.” Citi sees share upsides on the banks’ growth opportunities and lack of political obstacles ahead of the 2027 elections.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBAR: